What you guys think about day trading in crypto. Is it profitable? if yes give me reason.
If you doing day trading by yourself it's 99 percent of chance that you loose your capital. I was reading many comments on other threads that they talking about day trading is profitable. I don't think so. Only whales have profit and normal person loose their money.
What your thoughts about it....
I think those who trade wisely can make a profit from day trading. I have seen that many people make good profit by day trading. It all depends on your trading knowledge, whether you make a profit or a loss. A day trader has to keep an eye on many things in order to make profit. News, upcoming news, technical analysis etc. Those who can read the market properly can make profit, and those who trade without seeing anything will make a loss. The inexperienced always trade as they randomly, as a result, they face huge losses.